Putin Supports Cryptocurrency Mining, Despite Central Bank Stance


As per 3 people familiar with the matter, President Vladimir Putin supports the Russian government’s proposal to tax as well as govern cryptocurrency mining while dismissing the central bank’s proposition to outright ban it. Putin approved a plan, which would enable extraction to proceed...

Bitcoin and Ethereum Face Strong Resistance, LUNA, ATOM Dive


  Bitcoin price climbed above the USD 37,000 level but there was no upside continuation. BTC trimmed gains and traded below USD 36,500. It is currently (11:56 UTC) consolidating near this level. Similarly, most major altcoins are consolidating below resistance. ETH failed to surpass the USD 2,500...

Polygon Developer Ecosystem Reaches New Milestone


According to info from Alchemy, the world’s biggest Web3 developer platform, Polygon had already achieved a new adoption landmark, with over 7,000 decentralized applications running on the system as of Dec., more than doubling the amount only before three months. The year before, the rising...

Users Can Now Set NFTs as Their Profile Picture on Reddit


Reddit is trying to test a tool that lets consumers use any NFT people own as their profile pic, not just its own ETH-based Non-Fungible Tokens, known as “CryptoSnoos,” which were published in limited numbers the year before. A related feature designed to allow users to set their NFTs...

As SOL Crashes, Melania Trump’s NFT Sale Ends in Tears


Non-fungible tokens (NFTs) are distinct and non-transferable units of data stored on a digital ledger or blockchains, the same technology that underpins cryptocurrencies such as Bitcoin. They’ve grown in popularity recently, thanks in part to viral cryptocurrency hits like Dogecoin...

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